Empowered Funds LLC grew its holdings in Mammoth Energy Services, Inc. (NASDAQ:TUSK – Free Report) by 5.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,157 shares of the energy company’s stock after purchasing an additional 4,154 shares during the quarter. Empowered Funds LLC’s holdings in Mammoth Energy Services were worth $340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently made changes to their positions in the company. BNP Paribas Financial Markets raised its holdings in shares of Mammoth Energy Services by 55.8% during the first quarter. BNP Paribas Financial Markets now owns 11,265 shares of the energy company’s stock valued at $41,000 after purchasing an additional 4,035 shares during the period. Vanguard Group Inc. grew its stake in shares of Mammoth Energy Services by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 723,772 shares of the energy company’s stock valued at $2,635,000 after buying an additional 17,369 shares during the period. Royce & Associates LP increased its position in Mammoth Energy Services by 15.2% in the 3rd quarter. Royce & Associates LP now owns 1,351,224 shares of the energy company’s stock valued at $5,527,000 after buying an additional 178,240 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Mammoth Energy Services by 6.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 166,591 shares of the energy company’s stock worth $546,000 after buying an additional 10,796 shares during the period. Finally, SG Americas Securities LLC bought a new position in Mammoth Energy Services in the third quarter worth approximately $42,000. 79.67% of the stock is owned by institutional investors and hedge funds.
Mammoth Energy Services Trading Down 2.0 %
TUSK opened at $3.42 on Tuesday. Mammoth Energy Services, Inc. has a fifty-two week low of $2.50 and a fifty-two week high of $4.95. The firm has a market capitalization of $164.60 million, a PE ratio of -0.84 and a beta of 1.69. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.25 and a quick ratio of 2.13. The company’s 50-day moving average is $4.03 and its 200 day moving average is $3.73.
Analyst Ratings Changes
Separately, StockNews.com raised Mammoth Energy Services from a “sell” rating to a “hold” rating in a research report on Monday, November 4th.
View Our Latest Report on TUSK
Mammoth Energy Services Company Profile
Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.
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